The Iowa Department of Revenue has enacted a tax holiday beginning August 1, 2003 and ending August 2, 2003. During the tax holiday no sales tax will be collected on certain items of clothing and/or footwear. Items costing less than $100 are exempt. This exemption applies to each item under $100, no matter how many are purchased on one invoice. Businesses open those days are required to participate. (Release, Iowa Department of Revenue and Finance, June 2003.)